BRITISH POUND: FORECASTS FROM SEVEN MAJOR BANKS, DOWNSIDE RISKS TO PERSIST

During June, the pound weakened notably against the US dollar from 1.2613 to 1.2155. As we…

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EUR/USD Hits 19-Year Low

EUR/USD Down by Over 1.5% in New York Session Tuesday 5th July 2022 saw the Euro and…

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WTI crude oil tumbles through $106 as the reversal continues

Oil is in an epic battle between supply and demand at the moment. Indication of supply…

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Rough open for the US stock market after the long weekend

The 4th of July long weekend didn’t bring much optimism about the state of global markets.…

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Gazprombank received 50 billion rubles in capital from the NWF in June

Moscow. 5’th of July. INTERFAX.RU – Funds from the National Welfare Fund (NWF) in the amount of 50…

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The government increased the amount of preferential mortgages for IT specialists by 1.5 times

Moscow. 5’th of July. INTERFAX.RU – The government increased by 1.5 times the size of the maximum loan…

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Oil production in Russia will start to grow again in June as the economy stabilizes

However, according to analysts, it is too early to talk about a steady downward trend in…

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US energy sector breaks negative stock market trend

Conflict in Ukraine fueled prices up 29% in first half as market experiences worst six months…

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The Central Bank of the Russian Federation raised the key rate to 20%

This is the historical maximum of the key rate. Prior to this, the rate of 17%, set…

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Mintsifra recognized Alfa-Bank as an IT company

Moscow. 4th of July. INTERFAX.RU – Alfa-Bank is included in the list of IT companies accredited by the…

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